Shandong Yaguang Textile Group Co., Ltd. Guarantee Bankruptcy Claims Disposal Notice
China
Great Wall Asset Management
The Ji'nan Office of the company intends to deal with 7 claims of Binzhou Binzhou industrial and commercial bank, Shandong Binzhou the Yellow River Paper Group Co., Ltd., Shandong Jinchang Wool Textile Co., Ltd., Shandong Shandong Binzhou third cotton mill, Shandong and Wool Textile General Corporation knitting yarn company, Yicheng Li woolen carpet Co., Ltd., Zhong Rong Rong Woolen Textile Co., Ltd., and Junyi Junyi Clothing Co., Ltd., and the creditor's debt is guaranteed by the Yaguang Textile Group Co., Ltd. the total amount of debt is 43147004.36 yuan (of which principal is 28816435.87 yuan), which has been declared creditor's right and confirmed by the creditors' meeting.
Debt assets
1., the third cotton textile mill in Binzhou, Shandong. The registered address is No. 593 the Yellow River road two, Binhai District, with a registered capital of 16 million 170 thousand yuan.
The factory was set up by Binzhou Textile Bureau.
In 2001, the plant was pformed into Qingfeng Textile Co., Ltd. of Binzhou, Shandong.
2. Shandong Binzhou the Yellow River Paper Group Co., Ltd., located in the eastern part of the Yellow River road six, Bincheng District, Binzhou.
3. Shandong Jinchang Woolen Textile Co., Ltd., registered at 508 Bohai road three, Binhai, is mainly engaged in the production and sale of woollen and woolen fabrics.
4. Shandong Binzhou Wool Textile Corporation knitting yarn company, registered address is located in Bincheng three Bohai road 508, main wool yarn, textile raw material business.
5. Binzhou Jinli woolen carpet Co., Ltd., registered in Bohai No. three road 508, main production and sale of woven carpet, tapestry business, the registered capital of $2 million 780 thousand.
6. Binzhou Zhong Rong woolen spinning Co., Ltd., registered at Bohai No. three road, 508, mainly produces and sells rabbit wool knitting yarn with a registered capital of 1 million 600 thousand US dollars.
7. Shandong Binzhou Junyi Garments Co., Ltd., registered at 508 Bohai road three, Binhai District, is mainly engaged in clothing, clothing manufacturing, sales and wholesale and retail business of cloth. Its registered capital is 1 million yuan.
Guarantor
Shandong Yaguang Textile Group Co., Ltd. was restructured in 2000 by Shandong Binzhou needle cotton textile group company. It is located at 9 weft two road, Bincheng Town, Bincheng District. It mainly runs cotton, cotton blended, cotton type purified fiber products spinning, bath towel, towels and other businesses. The legal representative Zhang Xu LAN has a registered capital of 74 million 538 thousand yuan.
In March 30, 2007, the company announced bankruptcy and repayment of debts. It has issued a bankruptcy property appraisal report and a price fixing plan, and the bankruptcy procedure has not yet ended.
Our office filed a lawsuit against the three claims of Shandong Jinchang Wool Textile Co., Ltd., Binzhou Wool Textile General Corporation knitting yarn company and Shandong Jinli wool carpet Co., Ltd. in the above claims, and filed a lawsuit in the Ji'nan intermediate people's court. The two claims of Binzhou Zhong Rong Woolen Textile Co., Ltd. and Binzhou Jun Yi Clothing Co., Ltd. filed a lawsuit in the people's Court of Ji'nan City Central District.
For more information, please login to the company website http://www.gwamcc.com.
Disposal methods: pfer of creditor's rights, auction, invitation to bid, or pfer of financial assets exchange.
Trading object: a legal person, an organization or a natural person with full civil capacity and ability to pay, such as a state civil servant, a financial regulatory body, a political and legal police officer, a financial Asset Management Co staff, a state-owned enterprise debtor management layer, and an intermediary agent involved in the asset disposal work, such as a lawyer, an accountant, an appraiser, etc., or a non-financial institution legal person who participates in these assets.
Announcement date: October 18, 2010.
Validity: valid within 10 working days from the date of promulgation of this announcement.
Terms of trade: one time payment or installment payment.
Within 10 working days from the date of promulgation of the notice, it will accept the consultation and objection to the disposal of the above claims assets, as well as reports about rejection, obstruction of consultation or objection and other activities that interfere with the announcement of assets disposal.
The above information is for reference only. In the end, the Great Wall Co will not assume any legal liability for it in accordance with the relevant legal data such as IOUs, contract, court judgement and so on.
Acceptance of publicity matters
Contact: Yu Chao Lu, Bian Shanshan
Contact number: 0531-82079898, 82079897
Fax: 0531-82079897
Correspondence address: No. 168, No. seven road, Ji'nan.
Postal Code: 250001
Office monitors audit department contacts: Fu Qiang
Contact number: 0531-82079797
China the Great Wall the Great Wall Ji'nan Office
October 18, 2010
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